average p/e ratio for mining companies
Metal Mining Industry's current Price to earnings ratio has decreased due to shareprice contraction of -14.73 %, from beginning of the first quarter and despite the sequtial net income for the trailig twelve month period increase of 14.1 %, to Pe of 10.20, from average the Price to earnings ratio in the forth quarter of 13.86.
The formula to calculate the P/E ratio is to divide the share price with the earnings per share. banks, retail) they trade pretty close to 14-16.
A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation. Metal Mining Industry Price to Earning ratio is at 7.8 in the 2. The company has a quick ratio of 0.05, a current ratio of 0.09 and a debt-to-equity ratio of 249.02. CSN .
Zhengzhou Coal Mining Machinery Group has a P/E of 3.8.
If the gold price increases by 20% to $600 an ounce the net present value of the mine will double, since the margin . A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. XME ETF Database Category Average FactSet Segment Average; Dividend $ 0.07 $ 0.43 $ 0.07 Dividend Date 2021-09-20 N/A N/A Annual Dividend Rate $ 0.31 $ 0.89 Also note the strip ratios for each year (this is the amount of waste rock that is mined while mining the ore). As they say, "comparing apples to apples." To ma. The P/E ratio of a company or specific industry gives insight into the value of that company or industry by comparing its current share price to its per-share earnings. First Quantum Minerals has a PEG Ratio of 2.77. Historically, stocks have averaged a PE ratio between 15 and 20 and if you look at a large database of companies you'll find that most stocks sit within this range. We'll apply a basic P/E ratio analysis to Atalaya Mining Plc's (LON:ATYM), to help you decide if the stock is wor. The current Shiller PE of the FTSE 100 is 15.64 (12/31/2021), considerable lower than the corresponding ratio of FTSE 250. The PE ratio is calculated by dividing a company's share price by the earnings per share (EPS) figure. The industry P/E represents the average P/E ratios of all the companies in the IT industry. The P/E ratio of the hospitality sector stood at 11.34 times, followed by the services sector, 11.42 times, and energy sector at 11.62 times. A strip ratio of 10x and a depletion of 4.5 Mtonnes equates to 49.5 Mtonnes of material moved. And again, like golf, the lower the P/E ratio a company has, the better an investment the metric is saying it is.
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. The P/E ratio is calculated as a stock's current share price divided by its earnings per share for a 12-month period. About PE Ratio (TTM) Price to Earnings Ratio or P/E is price / earnings.
The earnings per share of a company indicates its profitability and is calculated by dividing the company's net income with the total number of shares outstanding. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Advertising.
Over history, the average P/E ratio of the stock market has been around 15-17.
If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in . OM:BOL Price Estimation Relative to Market, March 13th 2020 . That's below the average in the HK market, which is 8.6. As you can see Store B has a lower P/E ratio compared to Store A. It owns and operates the only active, scaled mining and processing site for rare earth materials in the. PE ratio = share price/earnings per share.
Well, based on the last twelve months it is 13.3.
A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
the company on a P/E ratio of less than 14.6 times the midpoint of earnings guidance, and a price-to-FCF multiple of . Over the past year, ACI's Forward P/E has been as high as 13.32 and as low as 5.35, with a median of 9.15. . The long-term average P/E for the S&P 500 is around 16x,. Eicher Motors is a classic example of the company benefiting from a better valuation due to low leverage and a low equity base. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. What is Average P/E Ratio? Gold Fields Limited is a South African-based precious metals mining company with a market capitalization of $9.66 billion and an enterprise value of $10.73 billion. The highest analyst price target is A$0.08 ,the lowest forecast is A$0.08. 4.4. It goes like this P/E = Current market price of a company stock/ Earning per share Suppose it's an IT industry. P/E ratio, or price-to-earnings ratio, is a quick way to evaluate stocks. Higher P/E stocks, in general, are considered more expensive; while lower P/E stocks are, in general, considered cheap.
The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted).
In fact, if you look at the companies with higher than average P/E Ratio, they are companies that are not leveraged too much and have a low equity base.
The EV/EBITDA NTM ratio is a more precise measure than the P/E ratio because it takes into account both the company pure operational earning measure (EBITDA vs. Net Profit) and a company overall value indicator that also includes financial debt, cash position and minority interests which are key indicators when valuing a firm market value .
Similarly, ratios like P/E 30 averages the past 30 years of earnings. A company with a high negative (near 0) P/E . And that Store A actually is twice as expensive because we have to spend 10 to get the same 1 earning. MP Materials Corp.: MP Materials is a rare earth materials mining and processing company. As companies within the same industry tend to work in similar environments, it's always best to compare the P/E to the average within that particular industry.
. The below average P/E ratio suggests that market participants don't . It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth.
. 2,439 Listed Entities $2.95 trillion Market Capitalisation $1,210,288,349 Average Company Performance (1 Year) 12:26pm 06/07/22 Dividend Yield Market-cap weighted Dividend Yield for the Australian stock market PE Ratio Market-cap weighted PE Ratio for the Australian stock market
The average price target for Metro Mining Limited is A$0.08.
AIM:HGM Price Estimation Relative to Market, May 29th 2019. P/E Ratio. Metal Mining: average industry financial ratios for U.S. listed companies Industry: 10 - Metal Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios .
With this in mind one scan I like to use to find potential mining stocks of interest is simply to see which gold stocks have positive earnings and P/E ratio below the S&P 500 average. The stock market as a whole (measured by the S&P 500) has had an average PE ratio (throughout it's history) of 15.54. View CSN Minerao S.A.'s P/E Ratio (Adjusted) trends, charts, and more.
For the latest data, available on a monthly level, check the data subscriptions . The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. The industry P/E ratio . I'm sure if you search other threads you'll find average P/E's by sector- as it does very much depend on the sector what an "average" P.E. The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share (stock) price to the company's earnings per share. It operates Namisa and Casa de Pedra mining projects. This ETF offers a way to access the global mining industry through an international basket of companies engaged in the extraction and production of metals, including aluminum, steel, and precious metals. That corresponds to an earnings yield of approximately 7.5%.
The stock has a market capitalization of $69.45 million, a P/E ratio of -3.87 and a beta of 1.73. Highland Gold Mining has a higher P/E than the average company (9.9) in the metals and mining industry.
Calculating the P/E ratio is quite straightforward - you just divide a company's share price (or market value per share) by its EPS: P/E ratio = market value per share earnings per share . The P/E ratio is calculated as a stock's current share price divided by its EPS for a twelve-month period, usually the last 12 months, also called the trailing 12 months.
74-89% of retail CFD accounts lose money.
/ = As an example, if share A is trading at $24 and the earnings per share for the most recent 12-month period is $3, then share A has a P/E ratio . . 50. Aggregate Mkt Cap/ Net Income (all firms) Aggregate Mkt Cap/ Trailing Net Income (only money making firms) Expected growth in EPS - next 5 years.
The Bottom Line On Evolution Mining's P/E Ratio. All the above combine for a $1,200 per ounce TAC. Share price divided by earnings per share = P/E ratio. Gold Resource PE ratio as of July 01, 2022 is 14.08.
. 49. The average price target for Metro Mining Limited is 0.05. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued.
The P/E ratio of ArcelorMittal is 1.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.90. Unlocking opportunities in Metal and Mining Get app . The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
Historical PE ratios & stock market performance.
For comparison, its industry sports an average P/E of 23.97.
Higher debt means greater financial risk and lower coverage ratios. The price-to-earnings ratio tells you what the price of a company's stock is compared to the current earnings on that share. Quarter 2022 for Metal Mining Industry, Price to Sales ratio is at 2.18, Price to Cash flow ratio is at 2.56, and Price to Book ratio is 2.54 More on Metal Mining Industry Valuation The price to earnings ratio is used as a quick calculation for how a company's stock is perceived by the market to be worth relative to the company's earnings. To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. A company with a high negative (near 0) P/E . Average industry financial ratios for 'Metal Mining' industry sector.
Have a Long-Term Mindset Hycroft Mining Holding has seen its stock lose-62.41% over the past year, underperforming other precious metal stocks by -10 percentage points. I also know that the average all-and-sustaining cost to operate the mine is about $900 dollars per ounce. If the market multiple is 23.0 and the P/E ratio of a company is 27.4, then the stock's relative P/E is: A) 4.40 B) 3.21 C) 1.19 D) 0.84 .
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E . As such, PICK can be useful as a tool for tilting portfolio exposure towards the mining sector or betting on a short term . A higher price to earnings ratio implies that the . Average price/earnings ratio of stocks owned by a mutual fund. P/E Ratio Example. The company was incorporated in 2007 and is based in So Paulo, Brazil.
As companies within a particular industry tend to work in similar environments .
For example, an Assets to Sales Ratio = Total Assets / Net Sales. The firm has a market cap of C$138.49 million and a P/E ratio of -1.76. In most cases a fund with a high average P/E ratio has paid a premium for stocks that have a high potential for increased earnings.
If the forward P/E ratio is higher than the current P/E ratio . As of today (2022-06-30), Vale's share price is $15.19 . Get your personalized toplist: Find my broker. For example, different industries have different average P/E ratios, so what may work well in say software companies may not work well in the energy sector. We'll apply a basic P/E ratio analysis to Public Joint Stock Company ALROSA-Nurba's (), to help you decide if the stock is worth further research.ALROSA-Nurba has a P/E ratio of 2.32, based on the last twelve months.In other words, at today's prices, investors are paying RUB2.32 for every RUB1 in prior .
The P/E ratio of the S&P 500 has fluctuated from a low of around 5x (in 1917) to over 120x (in 2009 right before the financial crisis). With a price-earnings ratio of . This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Based on some studies. Vale's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 7.62.
That's higher than the average in its market, which is 14.4. The highest analyst price target is 0.05 ,the lowest forecast is 0.05.
companies: 6,314 average P/E ratio (TTM): 11.0.
XME Dividend This section compares the dividend yield of this ETF to its peers.
Analyst Report. . The average price target represents 370.59% Increase from the current price of <A$0.1. Investors have optimistic expectations of companies with higher P/E ratios, compared to companies with lower P/E ratios. The P/E ratio of First Quantum Minerals is 12.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.60. A stock trading at $40 per share with an EPS of $2 has a P/E ratio of 20 .
companies: 6,314 average P/E ratio (TTM): 11.0. This basket of industrial companies has an average P/E ratio of just 16.1. . In depth view into Harmony Gold Mining PE Ratio (Forward) including historical data from 1996, charts and stats. Story continues.
+ VIEW MORE. Evolution Mining has a P/E of 30.6.
For example, a PE of 15 for a house building company means little unless an . A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. The forward p/e ratio is also helpful when a company is emerging from a period of losses (since dividing a share price of 10, for example, by a 'current' EPS number of -2 gives a meaningless . ArcelorMittal has a P/B Ratio of 0.42. Hycroft Mining Holding (NASDAQ:HYMC) is the . Investors will also notice that ACI has a PEG ratio of 1.07. . Return on Equity (ROE) Return-on-equity (ROE) is a key financial indicator considered by investors because it indicates the level of profit a company can generate from equity and return to. The regular P/E ratio is a current stock price over its earnings per share. Tech stock P/E's are being led by high P/E names like Autodesk, Fiserv, Microchip, Paycom Software, salesforce.com, and Tyler Technologies.